Futures traded higher through a surprise increase in weekly inventories and a trouncing in U.S. equities, driven by surprise weakness in December retail sales. Gasoline and natural-gas futures also rallied.
Light, sweet crude futures for delivery in February CLG5, -0.85% gained $2.59, or 5.6%, to settle at $48.48 a barrel on the New York Mercantile Exchange. That was the largest one-day percentage gain since June 29, 2012.
February Brent crude on London’s ICE Futures exchange LCOG5, -1.11% rose $2.10, or 4.5%, to finish at $48.69 a barrel.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment